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AOG Daily: 2019 / January

Friday, 04 January 2019 05:25

A 'Chicago Boy' Takes the Reins at Petrobras Featured

Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA, will either save the indebted oil major -…
Friday, 04 January 2019 04:54

Record LNG Capacity to Get Green Light in 2019 Featured

A record amount of liquefied natural gas (LNG) production is expected to get the green light in 2019 amid strong global demand, especially from China,…
Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed…
Norwegian oil company DNO has achieved another slight increase to its stake in Faroe Petroleum, it said on Friday as it continues its battle for…
Friday, 04 January 2019 04:08

India Plots Exploration Licensing Round Featured

India will start auctioning for 14 oil and gas blocks in its second exploration licensing round on Monday, giving freedom to the companies to carve…
Friday, 04 January 2019 04:03

Indonesia's Oil Output Rises

The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a…
Thursday, 03 January 2019 18:05

Topaz Bags Wind Charter

Dubai-based Marine logistics company Topaz Energy and Marine (Topaz) has signed an agreement with a north European contractor for the charter of Topaz's newbuild for…
Thursday, 03 January 2019 18:04

Brasse Wells Disappoints Faroe Petroleum

Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the Norwegian North Sea, while the Brasse appraisal sidetrack well encountered…
Thursday, 03 January 2019 18:03

DNO Exits Oman Offshore Block

Norwegian oil and gas operator DNO ASA subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in the offshore Oman Block 8 to…
Valero Energy Corp said on Thursday that an unknown amount of oil product had spilled into the Milford Haven waterway in Pembroke in Wales."Valero is…
Renewables overtook coal as Germany's main source of energy for the first time last year, accounting for just over 40 percent of electricity production, research…
Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it…
Wednesday, 02 January 2019 19:20

DNO Bid Undervalues Faroe by 48 %

North Sea player Faroe Petroleum published an independent valuation of its assets by Gaffney, Cline & Associates (GCA), which is said to highlight the inadequacy…
Wednesday, 02 January 2019 19:17

Highlands Natural Resources Completes Six Well

Highlands Natural Resources said six new wells on the East Denver shale oil and gas project in Colorado have been completed, with flowback starting on…
Wood Mackenzie Research Director, Angus Rodger, provides insight on a of UK-listed Ophir Energy by Indonesia's Medco Energi. Angus Rodger, Research Director, Asia Pacific. Photo:…
Encana Corporation (Encana) announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its San Juan asset…
UK-based oil and gas exploration and production company Energean Oil & Gas  has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia…
Wednesday, 02 January 2019 05:15

Miller Takes Over as Halliburton Chairman

Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective…
Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and concerns about an economic slowdown…
Wednesday, 02 January 2019 03:47

Ørsted Shelves Taiwan Projects

Danish energy group Orsted will put new major projects in Taiwan on hold after it failed to sign a power purchase agreement (PPA) for two…
Medco Energi Internasional Tbk PT would boost its valuations and gain access to international assets if its potential takeover of London-listed Ophir Energy occurs, analysts…
Wednesday, 02 January 2019 03:25

Russia's 2018 Oil Output Tops Record

Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) last year on an annual average basis, data from…
Wednesday, 02 January 2019 03:06

Total Starts Production at Egina Oilfield Featured

Total SA said on Wednesday it had started production from the Egina oilfield off Nigeria's coast, part of a shift by the French energy firm…
Tuesday, 01 January 2019 19:46

Novatek, Saibu Gas Ink MoU

Russia's largest independent natural gas producer Novatek said it had agreed with Japan's Saibu Gas to study the possibility for the Russian company to enter…
Danish energy company Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) to build an offshore wind farm in response to…
Tuesday, 01 January 2019 19:43

Aqualis Offshore: OuYang 1 Jacked Up

Offshore marine and engineering consultancy Aqualis Offshore has successfully completed the jacking trial of wind turbine installation vessel OuYang 1. Image: Aqualis Offshore The UK-based…
Tuesday, 01 January 2019 19:37

JERA Joins Taiwan, UK Offshore Wind Projects

Japanese energy group JERA joined  in the Formosa 1 offshore wind power project in Taiwan and Gunfleet Sands offshore wind power project in the U.K.…
United States-based Energy Transfer announced that its Mariner East 2 natural gas liquids (NGLs) pipeline is in service, available for both interstate and intrastate service.…
Area 4 co-venture participants -ExxonMobil, Eni, China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos, Kogas and Galp - have secured liquefied natural gas (LNG)…
The oil products tanker operated by Singapore-based NYK Bulkship (Asia) Challenge Peak  has shipped the first batch of plant condensate produced at the onshore gas…
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